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1039 Massachusetts Avenue, Cambridge MA 02138

Cambridge, MA 02138
$12,000,000
Est. $66,493/month
46
Beds
26
Baths
20,317
Sq Ft
$591
Price/Sq Ft
0.26
Acres
1920
Year Built
3
Garage Spaces
61
Days on Market
Pending Listed Mar 11, 2026 • MLS# 73485718 Copied! • Updated May 13, 2026

About this home

1039 Massachusetts Avenue, aka The University Building, offers 26 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of a six-story, elevatored building with a basement level. Originally built in 1920, the property has been exceptionally well-maintained by current ownership, with substantial capital invested in recent years, including significant improvements made to building systems, elevator modernization, roof replacement, and enhancements made to the building‘s entryway space and throughout all common areas. Apartment finish levels vary, with the property offering a mix of original, partially-renovated,and fully-renovated units, providing a desirable mix of proven-value add and organic rent upside remaining.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

Pending Sale
May 13, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Mar 12, 2026
$12,000,000
Original listing
Agent: John McLaughlin Office: CBRE, Inc

Tax History

Year Taxes Assessment
2026 $67,374 $10,101,100

Financial Details

Annual Property Tax
$67,374
Tax Year 2026
Assessed Value
$10,101,100

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 20,317 sq ft
Lot Size 0.26 acres
Bedrooms 46
Full Baths 26
Total Rooms 96

Investment Metrics

Units 26
Unit 1 Rent — · Y
Unit 2 Rent — · Y
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 3
Has Garage Yes
Features None
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $67,374
Assessed Value $10,101,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Owner
Documents None
County Middlesex
Total market time (incl. prior listings) 63 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
46
Full Bathrooms
26
Living Area
20,317 sq ft
Total Rooms
96
Stories
6
Levels
6

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Brick/Mortar, Granite
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 6
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $5,615
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1039 Massachusetts Avenue, Cambridge MA 02138

Cambridge, MA 02138

Listing Information

Listing Agent John McLaughlin
Listing Office CBRE, Inc
Office Phone 617-912-7000
Agent MLS ID CN254297
Office MLS ID AN4987
Listing Data Updated May 13, 2026 9:50 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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